New arena, bigger stadium the keys

11:52 PM,
Aug. 9, 2011

Written by

Eric Crawford | The Courier-Journal

With a new basketball arena and a newly expanded football stadium, the University of Louisville figured it was in for an infusion of athletic revenue in the past year.

But the actual amount was beyond what athletic department officials termed as conservative projections made before the teams moved into the KFC Yum! Center and played in a bigger Papa John's Cardinal Stadium.

U of L reported athletic revenue of $74.936 million for the 2010-11 fiscal year during a meeting of its athletic association Tuesday. That was a $22.5 million increase over the previous year. It was $10.5 million more than ...